Claims arising out of contractual relationships constituted a substantial part of the total claims presented to the Iran–United States Claims Tribunal. Included were contracts between agencies of the two governments, contracts between private persons and a government agency, and contracts between private persons where one government became liable for the debts of one of the parties by virtue of the Algiers Declarations and the exercise by that government of control over that party. The great variety of contracts, parties, and circumstances gave the Tribunal the opportunity to address many contractual issues. The effects of the Iranian Revolution on contractual relationships ensured that the Tribunal would deal extensively with the concepts of force majeure and the termination of contracts because of frustration or impossibility of performance.
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